Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Amoto Dennis AFC Leopards Sacco has partnered with an insurance company to offer health cover to members. The Sacco Chairman Maurice Osundwa said the health cover of Sh200, 000 will also cover spouses and children. “This will bring an end to frequent fundraising for our members,” Osundwa noted. Devolution CS Eugene Wamalwa was present…
By Erick Nyayiera Farmers in Siaya County have been warned against selling their produce at a throw away price. Siaya Governor Cornel Rasanga has observed that many farmers are likely to sell their produce at a throw away price following the projected bumper harvest this season, and therefore warned them not to do so. He…
By Erick Nyayiera Kisumu County Government’s department of co-operative development has ordered all cooperative societies in the region to produce audit reports or risk punitive action. County Executive Committee Member in charge Business, Industrialization and Energy Alice Moraa deplored a tendency adopted by Saccos where they produce doctored audited reports that do not depict the…
By Godfrey Wamalwa Matayos Reality Savings and Credit Co-operative Society is targeting loans from County Enterprise Development Fund (CEDF) and Co-operative Bank to invest in real estates. Addressing the press recently, the Sacco organizing secretary Duncan Kubasu said their short term plans are to build houses and later sell them to members as loans. He…
By Erick Nyayiera Kisumu County leadership has been asked to incorporate the co-operative agenda in the County Integrated Development Plans to boost local Saccos. The Chairman Kisumu County Ushirika Day celebrations Edward Matoke noted that the Saccos were in great need of support and improvement services from the government hence the embedment of the cooperative…
By Erick Nyayiera Small co-operatives operating in Nyanza and Western region have been urged to consider exploiting loaning facilities from the giant Sacco organisations to maximise productivity. Western regional Chairman Ushuru Sacco Owuor Awuor regretted that most Saccos in the western and Nyanza region have suffered exploitation from the commercial banks who charge huge interests…
By Wasike Elvis Co-operatives in Uasin Gishu County have been challenged to ensure that they comply with Co-operatives and Societies Act to avoid being deregistered. Speaking recently after meeting the leaders from various cooperatives, County Executive Committee Member in charge of Co-operatives and Enterprise Development Esther Mutai said that all co-operatives in the County must…
By John Majau Co-operative leaders in Meru County want the national government to clear debts owed by farmers’ societies. Meru Dairy Co-operative Society chairman Mr Simon Kiruja urged Governor Kiraitu Murungi to petition President Uhuru Kenyatta on behalf of farmers to waiver the debt. Coffee Farmers Chairman Mr Mbaabu Mitunga lauded Kiraitu for adapting and…
By Dickson Kipsang A section of Nandi youths have created an awe inspiring tale by converting a WhatsApp group into a Savings and Credit Co-operative Society Limited aimed at empowering members economically. The group known as Maskani WhatsApp Group was officially converted into Maskani 029 Sacco as a result of a resolution passed during the…
By Our Reporter Bunyala Sub-county Co-operative Officer Fred Odalo has told Busia County residents to increase their co-operatives’ shares to improve their Sacco’s financial status. Odalo said the Government was strict in ensuring no managers were running Saccos down. He also urged co-operators to stay alert and report any suspicious activities in their co-operatives. He…
